| Index | — | P/E | 11.86 | EPS (ttm) | 3.11 | Insider Own | 11.24% | Shs Outstand | 13.76M | Perf Week | 0.19% |
| Market Cap | 507.50M | Forward P/E | 10.85 | EPS next Y | 3.40 | Insider Trans | -12.86% | Shs Float | 13.17M | Perf Month | 3.92% |
| Enterprise Value | 63.50M | PEG | 2.26 | EPS next Q | 0.82 | Short Float | 1.63% | Perf Quarter | 6.07% | ||
| Income | 44.00M | P/S | 2.54 | EPS this Y | 35.72% | Short Ratio | 3.49 | Perf Half Y | 39.43% | ||
| Sales | 200.00M | P/B | 1.31 | EPS next Y | 5.48% | ROA | 1.19% | Short Interest | 214.19K | Perf YTD | 49.19% |
| Book/sh | 28.12 | P/C | 0.77 | EPS next 5Y | 5.24% | ROE | 11.25% | 52W High | 37.60 -2.58% | Perf Year | 55.81% |
| Cash/sh | 48.11 | P/FCF | 10.80 | EPS past 3/5Y | 11.50% 13.63% | ROIC | 6.74% | 52W Low | 22.91 59.89% | Perf 3Y | 102.08% |
| Dividend Est. | 1.00 (2.73%) | EV/EBITDA | 0.84 | Sales past 3/5Y | 18.35% 17.33% | Gross Margin | 65.83% | Volatility | 2.54% 2.67% | Perf 5Y | 46.93% |
| Dividend TTM | 0.94 (2.57%) | EV/Sales | 0.32 | EPS Y/Y TTM | 34.05% | Oper. Margin | 27.21% | ATR (14) | 0.98 | Perf 10Y | 123.52% |
| Dividend Ex-Date | Oct 09, 2026 | Quick Ratio | 0.22 | Sales Y/Y TTM | 8.70% | Profit Margin | 21.46% | RSI (14) | 61.24 | Recom | 3.00 |
| Dividend Gr. 3/5Y | 3.45% 6.40% | Current Ratio | 0.22 | EPS Q/Q | 31.25% | SMA20 | 3.33% | Beta | 0.76 | Target Price | 39.00 |
| Payout | 36.51% | Debt/Eq | 0.56 | Sales Q/Q | 8.33% | SMA50 | 4.72% | Rel Volume | 1.14 | Prev Close | 36.88 |
| Employees | 477 | LT Debt/Eq | 0.52 | Earnings | Feb 11 | SMA200 | 22.54% | Avg Volume | 57.05K | Price | 36.63 |
| IPO Date | Jan 30, 2006 | Option/Short | Yes / Yes | EPS/Sales Surpr. | 4.56% 0.45% | Net Debt/EBITDA | -5.84 | Volume | 65,293 | Change | -0.68% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| Oct-26-26 | Reiterated | Piper Sandler | Neutral | $36 → $39 |
| Jul-29-26 | Reiterated | Piper Sandler | Neutral | $32 → $36 |
| Jun-25-26 | Reiterated | Piper Sandler | Neutral | $29 → $32 |
| Apr-27-26 | Reiterated | Piper Sandler | Neutral | $24 → $29 |
| Jun-12-24 | Reiterated | Piper Sandler | Underweight | $24 |
| Jul-28-23 | Downgrade | Piper Sandler | Neutral → Underweight | |
| Dec-21-22 | Initiated | Janney Montgomery Scott | Neutral | $30 |
| Oct-21-22 | Upgrade | Piper Sandler | Underweight → Neutral | |
| Apr-22-22 | Downgrade | Piper Sandler | Neutral → Underweight |
Farmers & Merchants Bancorp, Inc. functions as the holding company for The Farmers & Merchants State Bank, offering a broad spectrum of commercial banking solutions. The bank serves individual customers and small businesses throughout northwest Ohio and northeast Indiana. Its offerings include various deposit accounts such as checking, savings, and time deposits, along with custodial services for Individual Retirement Accounts (IRAs) and Health Savings Accounts (HSAs). The company's lending products are extensive, covering commercial, agricultural, and residential mortgages. Specifically, it provides financing for agricultural land, farm equipment, livestock, and operational expenses like seeds and fertilizers. Consumer loans are available for home improvements, vehicles (automobiles, trucks, recreational vehicles, and motorcycles), and credit cards. Additionally, it offers commercial real estate loans, including lines of credit and machinery purchase financing. For customer convenience, Farmers & Merchants Bancorp, Inc. provides Automated Teller Machine (ATM) and Interactive Teller Machine (ITM) access. It also supports digital banking through online and mobile platforms, remote deposit capture, and merchant credit card processing. Electronic transaction services, such as wire transfers and Automated Clearing House (ACH) file transmissions, are also available. The company was founded in 1897 and is headquartered in Archbold, Ohio.
Per-holder 13F data hasn't been ingested for this ticker yet.
| Line Item (USD, M) | TTM — | FY 2025 12/31/2025 | FY 2024 12/31/2024 | FY 2023 12/31/2023 | FY 2022 12/31/2022 | FY 2021 12/31/2021 | FY 2020 12/31/2020 | FY 2019 12/31/2019 | FY 2018 12/31/2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 200 | 189 | 177 | 152 | — | — | — | — | — | |
| Cost of Goods Sold Incl. D&A | 67 | 71 | 78 | 60 | — | — | — | — | — | |
| Gross Profit | 131 | 118 | 99 | 92 | — | — | — | — | — | |
| Selling, General and Administrative Excl. Other | 34 | 10 | 48 | 45 | — | — | — | — | — | |
| Research and Development | 0 | 0 | 0 | 0 | — | — | — | — | — | |
| Other Operating Expense | 42 | 65 | 18 | 19 | — | — | — | — | — | |
| Operating Income | 54 | 43 | 33 | 28 | — | — | — | — | — | |
| Interest Expense | 67 | 69 | 78 | 58 | — | — | — | — | — | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | 67 | 69 | 78 | 58 | — | — | — | — | — | |
| Net Income Before Taxes | 54 | 43 | 33 | 28 | — | — | — | — | — | |
| Income Taxes | 12 | 9 | 7 | 6 | — | — | — | — | — | |
| Consolidated Net Income | 44 | 33 | 26 | 23 | — | — | — | — | — | |
| Net Income From Continuing Operations | 44 | 33 | 26 | 23 | — | — | — | — | — | |
| Net Income | 44 | 33 | 26 | 23 | — | — | — | — | — | |
| EPS (Recurring) | 3.11 | 3.41 | 1.90 | 1.67 | — | — | — | — | — | |
| EPS (Basic, Before Extraordinaries) | 3.11 | 3.41 | 1.90 | 1.67 | — | — | — | — | — | |
| EPS (Diluted) | 3.11 | 3.41 | 1.90 | 1.67 | — | — | — | — | — | |
| EBITDA | 76 | 50 | 39 | 34 | — | — | — | — | — | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | 11.78 | 7.25 | 15.50 | 14.85 | — | — | — | — | — | |
| Price To Sales Ratio | 2.56 | 1.83 | 2.16 | 2.28 | — | — | — | — | — | |
| Gross Margin | 65.50 | 62.43 | 55.93 | 60.53 | — | — | — | — | — | |
| Operating Margin | 27.00 | 22.75 | 18.64 | 18.42 | — | — | — | — | — | |
| Net Margin | 22.00 | 17.46 | 14.69 | 15.13 | — | — | — | — | — | |
| Shares Outstanding | 14 | 14 | 13 | 14 | — | — | — | — | — | |
| Market Capitalization | 513 | 346 | 383 | 347 | — | — | — | — | — | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| Briggs Andrew J | Director | Aug 18 '26 | Sale | 35.05 | 2,402 | 84,190 | 49,148 | Aug 18 |
| Briggs Andrew J | Director | Aug 17 '26 | Sale | 35.11 | 3,000 | 105,330 | 51,550 | Aug 18 |
| Briggs Andrew J | Director | Aug 14 '26 | Sale | 35.38 | 3,000 | 106,140 | 54,550 | Aug 14 |
| Briggs Andrew J | Director | Aug 13 '26 | Sale | 35.19 | 3,000 | 105,570 | 57,550 | Aug 14 |
| Briggs Andrew J | Director | Aug 12 '26 | Sale | 34.94 | 3,000 | 104,820 | 60,550 | Aug 12 |
| Briggs Andrew J | Director | Aug 11 '26 | Sale | 34.46 | 3,000 | 103,380 | 63,550 | Aug 12 |
| Briggs Andrew J | Director | Aug 10 '26 | Sale | 34.54 | 3,000 | 103,620 | 66,550 | Aug 12 |
| Briggs Andrew J | Director | Aug 07 '26 | Sale | 34.08 | 3,000 | 102,240 | 69,550 | Aug 07 |
| Briggs Andrew J | Director | Aug 06 '26 | Sale | 34.24 | 3,000 | 102,720 | 72,550 | Aug 07 |
| Gerken David R | EVP/CLO | Aug 06 '26 | Sale | 33.72 | 1,000 | 33,720 | 6,509 | Aug 06 |
| Briggs Andrew J | Director | Aug 05 '26 | Sale | 34.76 | 3,000 | 104,280 | 75,550 | Aug 05 |
| Briggs Andrew J | Director | Aug 04 '26 | Sale | 33.67 | 3,000 | 101,010 | 78,550 | Aug 05 |
| Briggs Andrew J | Director | Aug 03 '26 | Sale | 33.69 | 3,000 | 101,070 | 81,550 | Aug 05 |
| ALLEN GREGORY R | Director | Aug 03 '26 | Buy | 34.47 | 300 | 10,341 | 300 | Aug 03 |
| Briggs Andrew J | Director | Jul 31 '26 | Sale | 33.07 | 3,000 | 99,210 | 84,550 | Jul 31 |